THE CITY GRUMP As government debt skyrockets, thanks to Covid19 lockdowns, naturally the Treasury’s thoughts turn to increasing taxes. Some think the holy grail is to seek out tax, which will be worth collecting and somehow be seen to make life fairer for us citizens. To this end the Treasury commissioned the Orwellian sounding Office for Tax Simplification (OTS) to come up with ways of reforming … Continue reading A Political CGT Blueprint
CITY GRUMP I suppose all Dishi Rishi has to do for the time being, given that he has been squirting huge amounts of cash around in an effort to put out the Covid fires, is to stand and deliver platitudes and boy did he do that at the Conservative Party Conference. Take the following sentiments that could come from the lips of any politician from Albania … Continue reading Rishi – A Summary
THE CITY GRUMP The mainstream media seem to have fallen hook line and sinker for our photogenic Chancellor’s July 8th handouts. Headlines like “Come dine with me” and “Rishi Dishy” are everywhere, while the FT’s normally sensible Deputy Editor, Robert Shrimsley, declares “Mr Sunak presented a substantial and imaginative statement”. No he didn’t, it is all flash and no substance. Where to start? Okay let’s … Continue reading The Sunak Handouts
